Cash Advance Loans & Payday Loan

Cash Advance Loan

A cash advance loan is another name for what is termed a payday loan. You average payday loan is a short term loan for amounts ranging from between $100 and $1000. There are some short term lenders that will allow you to borrow amounts as high as $5000.

A cash advance loan or payday loan is a cash loan until payday. You repay the loan to the lender on your next payday with the funds usually drawn directly out of your bank account.

There are two ways to apply for a cash advance loan, which gives you instant cash. You can either apply directly at the premises of a loan lender or you can apply online.

Online Cash Advance

An online payday loan application will usually take you under five minutes to complete.
Your payday loan application is generally processed immediately with the funds transferred into your banking account on the same day. This is usually done within the hour by many payday loan lenders.
An online cash advance loan is sometimes called a faxless payday loan because there is no paperwork involved to have your loan approved. Your personal details are usually confirmed through your payroll officer.
The greatest advantage of an online cash advance loan is the convenience that the borrower enjoys in not only applying for an instant cash loan but also the speed of which the loan is approved, funded and the repayment is also done automatically through a direct debit.
As with all payday loans, an online cash advance can be spent for any reason you chose. There is no set criteria for what you can spend the loan funds on, the choice is entirely yours.

Applying at the Loan Lenders Premises

Applying for a payday loan in person is similar to applying for an online loan. You need to apply for a payday loan by filling out an application form.
You can bring documentation such as your pay slip and drivers license for proof of ID and DOB.
If you are the type of person that feels somewhat reluctant to provide personal details over the internet, then you might want to take advantage of applying for a cash advance loan at the lenders office.

Applying for a Cash Advance Loan with Cash Doctors

Cash Doctors allow you to apply for a cash advance loan for amounts ranging between $100 and $600.
You can apply online or through directly at a Cash Doctors outlets anywhere in Australia.
Cash Doctors payday loans are processed immediately with the whole process completed within an hour.
Online applications are completed within five minutes.
Constant contact with Cash Doctors staff as your loan is being processed. You are kept up to date with SMS messages and emails.
Repayments are made via a direct debit, which is processed on your next payday.

You need to have a net (take home pay amount after rent/mortgage has been taken into account) of $400 to be eligible for a Cash Doctors cash advance loan.

You need to show a recent employment history of three months to be eligible for a cash doctors cash advance loan.

Featured Payday Loan Lender

Cash Doctors is one of Australia's leading short term lenders. They have helped thousands of Australian's overcome short term financial difficulties by offering instant cash loans.

You can submit a payday loan application online with Cash Doctors for loans of $100 - $600.
A Cash Doctors Payday loan application will only be approved if submitted by people who have been employed for at least 3 months and are paid more than $400 per week net after rent/mortgage repayments have been taken into account.
Payday loans are paid directly into your bank account within the hour.
Cash Doctors do not require any paperwork from you to approve your loan. This is a completely faxless payday loan with your details confirmed with your payroll officer before approval of your payday loan is granted.